NOT LISTED FOR SALE

Estimated Value: $372,000 - $500,000

3 Beds
2 Baths
1,225 Sq Ft
$372/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $310,000 $253 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,748/month

3 Days on Market

Highlights

  • Parking available for a boat
  • Golf Course Community
  • Fishing
  • Attached Guest House
  • Community Stables
  • Across the Road from Lake or Ocean

About This Home

As of October 2020

Rental Income Duplex? Multi-Generational Home? A Single Person that just needs a Secondary Creative Space? Two Roommates that are ready for more Space? Two Families ready to Go in on a Property Together? A Quarantine Safe Space Unit from the Covid??? The list goes on and on!!!!!! Come check this out!! For $280,000 in Southern California the possibilities are endless. Less than One Minute to The Ortega Highway which is the major thoroughfare crossing over to Orange County, Less than 5 minutes to Our New Lake Front Campground, a five minute walk to the High School and Minutes to the Freeway, Shopping and Dining....It really is a good investment. This Single Family home was converted Years ago into a super cool, super functional Duplex with the possibility to convert back at anytime. Both units have individual entries, restrooms, laundries and kitchens. FHA and VA Welcome!!! Boat Parking and RV Pad Onsite

Last Agent to Sell the Property

Cassandra Borja

Coldwell Banker Realty License #01384939 Listed on: 08/08/2020

Coldwell Banker Realty

Last Buyer's Agent

Jesus Maldonado

Jesus Maldonado License #00902310

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 1952 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Rural Setting
  • Cross Fenced
  • Wood Fence
  • Chain Link Fence
  • Back and Front Yard
  • Property is zoned R-3

Property Views

  • Lake
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Bungalow

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Kitchen

  • Country Kitchen
  • Updated Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • In-Law or Guest Suite
  • Bathtub
  • Walk-in Shower

Parking

  • Oversized Parking
  • Parking Available
  • Private Parking
  • Parking available for a boat
  • RV Access or Parking

Outdoor Features

  • Patio
  • Rear Porch

Location

  • Across the Road from Lake or Ocean
  • Property is near a park
  • Property is near public transit

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected
  • Conventional Septic

Additional Features

  • More Than Two Accessible Exits
  • Attached Guest House

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 1
  • Assessor Parcel Number 387091004

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Near a National Forest
  • Foothills
  • Property is near a preserve or public land
  • Property is near a ravine

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Community Stables
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,397

Year Built

Built in 1952 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Country Road
  • View: Yes
  • Zoning: R-3
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 387091004
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1225.00 Square Feet
  • Interior Amenities: In-Law Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: 2+ Access Exits
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Country Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 253.06
  • Room Type: Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House Attached
  • View: City Lights, Hills, Lake, Mountain(s), Neighborhood, Water
  • Fence: Yes
  • Fencing: Chain Link, Cross Fenced, Wood
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Boat, Oversized, Private, RV Access/Parking, RV Potential

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Blm/National Forest, Dog Park, Fishing, Foothills, Golf, Hiking, Lake, Horse Trails, Park, Watersports, Preserve/Public Land, Ravine, Stable(s), Rural

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7405.0000 Square Feet
  • Number Of Units Total: 2
  • Waterfront Features: Across the Road from Lake/Ocean, Fishing in Community

Tax Info

  • Tax Census Tract: 430.08
  • Tax Lot: 3
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Aug 29, 2020
Sold by
Hadley Paul E and Hadley Zoe S
Bought by
Maldonado Magdalena
Seller's Agent
Cassandra Borja
Coldwell Banker Realty
Buyer's Agent
Jesus Maldonado
Jesus Maldonado
List Price
$280,000
Sold Price
$310,000
Premium/Discount to List
$30,000
10.71%
Current Estimated Value
$455,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,864
Avg. Annual Appreciation
7.55%
Original Mortgage
$294,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2003
Sold by
The El Contento Trust
Bought by
Hadley Paul E and Hadley Zoe S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2003
Sold by
Brooks Daniel A and Brooks Linda M
Bought by
Priske Warren and 15297 El Contento Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maldonado Magdalena $310,000 Stewart Title Of Ca Inc
Hadley Paul E $135,000 Old Republic Title Company
Priske Warren -- Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldonado Magdalena $294,500
Previous Owner Hadley Paul E $89,300
Previous Owner Hadley Paul E $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $310,000 +3.7% $253 / Sq Ft
08/14/2020 08/14/20 Price Changed $299,000 -3.5% $244 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 Off Market $310,000 -- --
08/08/2020 08/08/20 For Sale $280,000 -- $229 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,397 $335,551 $81,181 $254,370
2023 $3,397 $322,524 $78,030 $244,494
2022 $3,288 $316,200 $76,500 $239,700
2021 $3,224 $310,000 $75,000 $235,000
2020 $1,830 $175,488 $38,991 $136,497
2019 $1,795 $172,048 $38,227 $133,821
2018 $1,760 $168,676 $37,478 $131,198
2017 $1,726 $165,370 $36,744 $128,626
2016 $1,661 $162,128 $36,024 $126,104
2015 $1,463 $142,000 $32,000 $110,000
2014 $1,356 $133,000 $30,000 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW20160126

California Regional Multiple Listing Service (CRMLS)

APN: 387-091-004